$ACN USDT is trading around 255.23 after a strong upward move from 236.81, reaching a high of 258.56. Price is now pulling back slightly, making this zone important for the next move.
Buyers still have the advantage after the sharp rally, but short-term momentum is cooling as price consolidates below resistance. My focus is on whether buyers can defend 254.00–255.00 and push price back toward the recent high.
A clean break above 258.56 could open the way toward higher levels, while losing support may trigger a deeper retracement toward 252.00.
Trade Setup:
Entry Zone: 254.00–255.20
Take Profit 1: 257.00
Take Profit 2: 258.50
Stop Loss: 252.80
Wait for confirmation around support and avoid chasing price after a sharp move. Manage risk carefully and keep the setup disciplined.
Buyers still have the advantage after the sharp rally, but short-term momentum is cooling as price consolidates below resistance. My focus is on whether buyers can defend 254.00–255.00 and push price back toward the recent high.
A clean break above 258.56 could open the way toward higher levels, while losing support may trigger a deeper retracement toward 252.00.
Trade Setup:
Entry Zone: 254.00–255.20
Take Profit 1: 257.00
Take Profit 2: 258.50
Stop Loss: 252.80
Wait for confirmation around support and avoid chasing price after a sharp move. Manage risk carefully and keep the setup disciplined.